Boston-based community learning center for women Mujeres Unidas en Accion (MUA) will receive a stipend to help support and supplement its financial literacy programs from MoneyWi$e, a program created by Capital One Financial Corp. and national consumer advocacy group Consumer Action.
The program will award 18 stipends totaling $53,000 to community groups in four states. Groups in Texas, California, Louisiana and Massachusetts will receive stipends for programs designed to make an impact on the financial health of their communities.
The groups will use the MoneyWi$e curriculum to educate local consumers on personal finance basics like avoiding trouble with credit and becoming successful homeowners, among other topics, according a press release from program leaders.
"In today’s economy it is more important than ever for consumers to have access to and an understanding of financial fundamentals," said Diana Don, director of financial education for Capital One. "The MoneyWi$e stipends support the efforts of community educators to help a diverse group of individuals, including teenagers, immigrants and seniors, become financially literate. We are pleased to offer our help to these organizations and are proud of the important community service they provide."





